Bitcoin Intraday: the upside prevails as long as 103660 is support
Jun 20, 2025 4:05 AM
the upside prevails as long as 103660 is support.
103660 is our pivot point.
Our preference:
the upside prevails as long as 103660 is support.
Alternative scenario:
the downside breakout of 103660 would call for 102360 and 101590.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104537 and 104627).
Supports and resistances:
108530 **
107750 *
106980 **
106210
104673 last
104160
103660 **
102360 *
101590 **
Our preference:
the upside prevails as long as 103660 is support.
Alternative scenario:
the downside breakout of 103660 would call for 102360 and 101590.
Comment:
the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 104537 and 104627).
Supports and resistances:
108530 **
107750 *
106980 **
106210
104673 last
104160
103660 **
102360 *
101590 **
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